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Economy
Report finds 52% of recent college grads working in fast food, retail and other ‘underemployed' jobs
2024-03-06
[WashTimes] Americans have long viewed a four-year college degree as essential to financial success, but a report finds that most graduates can’t find a job requiring a degree within a year of commencement.

The nonprofit Strada Institute for the Future of Work and the Burning Glass Institute reported this month that 52% of graduates were "underemployed" in food service, hospitality, retail sales, office administration and other fields a year after earning a bachelor’s degree. The study analyzed federal statistics, job postings and online resumes of more than 60 million U.S. workers.

Ten years after graduation, 45% still didn’t hold a job requiring college-level skills. By contrast, 79% of graduates who started their careers with college-level jobs still had such work five years later.
Posted by:Frank G

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